If I was guessing, since IBKR ISA is newer than T212 ISA, has lower fx and supports more products (without the minute limits) they know most transfers will be outbound and larger accounts so they choose not to prioritise it.
Its not speculation they have said it before, but again that was before they started rolling the function to everyone and they got flooded with requests so they have moved the timeline again twice already and by the looks of it it will happen again its only available to less than half of their clients and still canāt keep up
Coming up to the third week for my incoming cash ISA transfer which was submitted on the 2nd.
My previous cash transfers were much faster
Get in the queue. Mine has been at least 6 weeks ![]()
for S&S transfer or cash?
Check with T212. Mine hadnāt been acted on by my current provider. I have since seen evidence that T212 did contact them right away. It was only after I contacted T212 that I discovered this, and something had broken down at the current providerās end.
Iāve since spoken to my current provider and they should now be working with T212 to get things sorted.
Cash transfer from a S&S ISA.
Iāve been engaging with them for a few weeks now. Helpful and engaging regularly with me to be fair.
Usual though. Both parties waiting on the other doing something.
I transferred a S&S ISA to T212 of previous years ISA contributions only. It had a cash element which was transferred as well - say 9k as an example.
In addition, I paid in £20k into T212 for my 24/25 allowance
For some reason, the current tax-year allowance in the app now shows Ā£29,000 as āusedā rather than Ā£20,000
This sounds like an error?
Hey, @gt94sss2 ![]()
We took a closer look and found what caused this. A fix has been deployed to ensure all values are correctly displayed. This was only a visual discrepancy, so your ISA allowance wasnāt impacted in any way ![]()
@Momchil.G how long is the expected time to complete an incoming cash isa transfer?
When you get SIPPs, will transfers be available. In specie, in particular?
Would love to do it and wave goodbye to feetrade.
Thank you.
Havenāt been using T212 for that long and am very impressed at your responsiveness at dealing with this issue!
The general timeframe for Cash ISA transfers is 15 days, but we aim to complete transfers far quicker than this guidance ![]()
Yes, we plan to make transfers available for SIPPs as well ![]()
Iād like to second this.
I wish all companies i deal with provided their level of support.
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Also looking forward to the IBKR transfer support!
If you do a portfolio transfer (GIA) to an ISA, do you get the 1.5% cash back still?
You canāt do a transfer from a GIA directly into an ISA.
14th is almost here still no update
Are we still on track for a total roll out of ISA portfolio transfers by June 14th? It is only at this point can I make T212 my primary platform.